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Wednesday , March 3 2021


Kuwait’s stock market ends in red turf after volatile session

KUWAIT CITY, March 2: Kuwait stocks sagged on Tuesday, partly reversing last session’s modest gains. The All Shares Index fell 8.22 pts in a volatile …

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Kuwait Bourse earns KD 28mn in 2020

Board proposes cash dividend of 40 fils per share KUWAIT CITY, March 1, (KUNA): Kuwait Bourse, on Monday, announced a net profit of KD 28 …

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‘Kuwait has an active role in supporting joint Arab action’

KUWAIT, March 1, (KUNA): Secretary-General of Organization of Arab Petroleum Exporting Countries (OAPEC) Ali Bin Sabt praised Kuwait’s active role and important position in supporting …

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Don’t tamper with our future generation funds … it’s taboo

‘There are no easy solutions at hand’ ALL members of the Kuwait Parliament rejected our government proposal to pull out KD five billion annually from …

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Kuwait Insurance Co announces net profit of KD 10.5mn for 2020

Board proposes cash dividend of 30 fils per share KUWAIT CITY, Feb 28: Kuwait Insurance Company announced Net Profit for the year 2020 amounting to …

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Preparations underway to open 2 new bridges on Nuwaiseeb Road

Total cost of project KD 169,500 mln KUWAIT CITY, Feb 27: Informed sources at the Public Authority for Roads and Transportation (PART) announced the authority …

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Banks successfully pass stress tests: CBK

Lenders continue to be profitable despite challenges: Governor KUWAIT CITY, Feb 24: The Central Bank of Kuwait (CBK) announced that it conducted a comprehensive review …

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Zain Group reports revenue of $5.3bn and net profit of $605 million for 2020

Board recommends cash dividend of 33 fils per share KUWAIT CITY, Feb 23: Zain Group, a leading mobile telecom innovator in seven markets across the …

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AUB posts net profit of $452.2m for 2020

Board proposes cash dividend of $1.25 per share KUWAIT CITY, Feb 22: Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity …

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Banks profits decline by 53.3%

KUWAIT CITY, Feb 22: The profits of ten local banks decreased during 2020 by KD 523.4 million, which is by about 53.3 percent, to reach …

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